Mannatech Q3 net income of $1.9M ($1.01/diluted) vs year-ago loss; revenue down 8.1% to $29.2M

MANNATECH INC

2025-Q3 EPS reported -$2.06 revenue$81,403,000

Net sales $29.2M, down 8.1% YoY driven by slowing demand in certain regions.
Net income $1.9M ($1.01 diluted EPS) vs net loss $0.3M ($0.17 loss per share) in Q3 2024.
Gross margin improved to 76.4% from 74.5% on higher sales prices and lower inventory reserves.
Cash and cash equivalents fell 37.3% to $7.1M from $11.4M at December 31, 2024.
Independent associate/preferred customer positions dropped to ~119,000 from 136,000; recruiting down 21.9%.

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